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I’m excited to announce that Xero has brought two new financial institutions on board with direct bank feeds in Australia: Bendigo Bank and Rural Bank. Direct feeds are now available for all of their products.

Direct bank feed integration to Xero is a huge value-add for Bendigo Bank and Rural Bank’s customers. It enables small business owners and their advisors to collaborate and work towards success, while automating daily tasks.

It’s a beautiful thing to see information flows seamlessly between the two platforms.

How direct bank feeds help small business

Helping you stay on top of your business is at the core of beautiful accounting software. Better bank feeds lead to better decision making, helping our small business customers grow, while freeing them from administration allowing more time with their customers..

If you’re a small businesses, I recommend getting in touch with your accountant or bookkeeper to learn about how Xero’s direct bank feeds will help you spend less time chasing your data, and more time doing what you love.

Xero is beautiful, easy to use online accounting software for small businesses and their advisors. Xero provides business owners with real-time visibility of their financial position in a way that’s simple, smart and secure.Xero has over 400,000 customers in more than 180 countries around the world and is listed on the NZX and ASX. Xero was ranked #1 by Forbes − World's Most Innovative Growth Companies 2014.

You may have come across two terms which are often confused – Business-to-Business (B2B) retail and Business-to-Consumer (B2C) retail. In this article, we outline the key features of each model so that you know the differences between the two.